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OPEC's oil output falls to 5-year low in May as group warns of weaker demand


Added 06-13-19 07:02:02am EST - “Oil production from OPEC fell by 236,000 barrels per day in May to 29.88 million bpd, the lowest level since June 2014.” - Cnbc.com

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Posted By TheNewsCommenter: From Cnbc.com: “OPEC's oil output falls to 5-year low in May as group warns of weaker demand”. Below is an excerpt from the article.

Brent crude spiked as high as 4% Thursday morning on reports of tanker explosions in the Gulf of Oman.

As the price of apples in China has surged nearly 30%, consumers have cut their purchases of the fruit, according to data from grocery delivery platform Dada-JD Daojia.

"They have information. I think I'd take it. If I thought there was something wrong, I'd go maybe to the FBI," Trump said.

Oil production from OPEC fell by 236,000 barrels per day in May to 29.88 million bpd, the lowest level since June 2014.

Target is bringing its same-day delivery option to the masses, marking the latest move in an ongoing and heated battle over delivery involving the big-box retailer, Walmart...

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